The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-07-06
lLllgsAlsOF Ig!|3lillDRY.
THE EFFECT OF WHEAT DEALS
ON THE FARMER.
w'The Exchange" Only EuphenIsm
for 's6ambling Hell"-The Gran.
gers Independence.
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MIpDLEBusH, N. j., July 2.-Thers
has been another great corner in
wheat. Fortunes have been made and
Lost. OF course the "break" came, as
usual, Just as farmers are busy har-
vesting the new crop, and the "bears"
will rule with low prices until the
main portion Of tie crop passes out OF
the hands Of the producers.
Adam Smith thought wheat was less
liable than any other commodity to
be monopolzsd by spectators, be-
cause ats owners can never be collect
ed in one place" But this supposed
impossibihty lie practically overcome
by the railway and telegraph, and now
Boards OF Trade arbitrarily make and
unmake the prices OF food, and wheat
Is as easily "cornered" as anything |
elee. A single firm In Chicago, five |
years ago, gained control OF the pork |
market, more than doubled the price,
and cleared over 81 900 900 on single
deal, the influence OF which was felt In
every part OF the world. Farmers
should think Of these things while
busy In the harvest field, remember
ing how little supply and demand"
good or poor crops, has TO do with the
price he Ia to receive. II 10 all in the
hands Of gamblers. Organized farmers
will one OF these days put a stop to 1t.
"The growth OF the spirit Of specu.
latien Ia ominous. The salaries oil
clerks, the business capital, the bank
deposits and trust funds OF all sorts,
which disappear on change indicate
how widespread is the unhealthy
haste to be rich. And such have the
methods OF speculation become that
The Exchange has degenerated into
little better than eupbemism for
gambling hell While one bushel In
seven OF the wheat crop Of the United
States is received by the Produce Elk.
change OF New York, It's traders buy
and sell two for every one that comes
out OF the ground. When the cotton
plantations Of the South yielded lees
than 6,000,000 bales the crop on the
New York Cotton Exchange was more
than S2,0O0,00O. Pennsylvania does
we'll TO run 2i,0O0, 900 Of barrels OF oil
In d year; but New York city will do
as mach in two small rooms In one
week, and the Petroleum exchanges
sold altogether last year 1000, 600 bar.
rels. '-Remy ID Lloyd
"The Grange in Oregon has, during
the past yer, steadily increased in
numbers. Three new Oranges aave
been organized and nine dormant
Oranges revived. Oar business coop.
Grafton has increased and 10 In 4
HEALTHY condition. A number OF new
Grange halls have been erected and
dedicated. Every new hall is an inn
portant acquisition and aid In our
work, for II creates q new center for
general and intellectual culture and IL
n rallying place for the farmers Of the
neighborhood. Under our influence
our agriculture college Ia being co.
tablished as an institution exclusively
devoted TO the promotion Of agricul-
tural educa ion and practical farm
Ing. Wherever In any community
an active, live Grange has long existed
better farming Ia done, fewer mort.
gpges on the land, more ornamental
trees shade the wayside aud adorn the
homesteads and more culture and 70.
hnement are apparent everywhere
smong the ptople.-R +. Boise,
Master Oregon State Grange.
Under the title Of "Men Who Own
Themselves" the Kennett pa I'D.
vance says. Farming may be a Ia
borious and irksome business and the
profits Of agriculture Encouraging, but
there is one thing which the iarmei
may possess OF which every man In
any other vocation may we'll envy him
and that ia his absolute independence
Men engaged In trade frequently fee
Obliged 20 refrain from doing wha
they consider their duty, lest In ~
performances they may iDjure thei
business. In kenneit Square th,
house 10 house canvas for signers Il
demonstrates against the grant x o
a license TO our one hotel developed
number Of cases Of this kind, and tw,
or three persons Who signed the 70
monstrance were subsequently over
come by their fears AMI had thei
names stricken of, the fear Of a boy
colt proving too powerful for thei
sense Of duty. This farmer, how
ever, has nothing OF this kin
10 fear. lie lie absolutely hi
own master, and neither his religious
moral. political or tociAl beliefs or di,
beliefs may In any way be used to N
injury Of his worldly prosptcts. ii
wears no mans collar. Aud alter a
this 10 more desirable than riches O
place. Ones manhood is somethin
more 10 be desired than somethin
that has 10 he gained by constAt
"crookins the pregnant hinges OF th
knee" or bowling TO the oapiia an
within Of people We may In our inmo'
soul loathe and deepise."
"The Grange 10 educating Oh
farmer how 10 use this independents
not only for his own good In conec
ing existing evils but In helping tho,
who dare not help themselye. FOR th
good Of our country and mankind
Ilanyone can possibly be held baC
on account Of the Grange being q o
cret society, lei me cay 10 such th
the secrecy Of the secret societies, o
called, In this State, compares vii
the social, maternal and moral obiec
OF those societies ~ the secret threa
Of the binding Of your Bible conpar
with the contents oi the Bible. / ha'
belonged 10 a number OF the secret q
cietiee, to.called. and Il seems 10 n
that all these societies secrets are b
as the little hidden, almost moons
quential, yet necessary, threads viii
held the memt cfs together In brot
erhood for the accomplishment
worthy objects, ~ tbs secret TIM q
In the back OF n book bind together
apr,cious volume what we're 9th,
wise loose and scattered leaves -yo
ID. Lyman, Lecturer Hdr HaWpsl.
Stale Grange.
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